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Rio Tinto hands back cash

Comments (0) | 10 Feb 2011 | Rating Rating (-1 to +1): 0.0

| Print by Tim Human

Mining company announces record profits along with a dividend increase and new $5 bn share buyback program

Rio Tinto has announced a significant increase in its dividend and a new share buyback program as companies increasingly look for ways to return excess capital to shareholders.

Along with its 2010 results, the mining company announced a total dividend for the year of $1.08, an increase of 20 ...

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